Problem $22-6($LG $22-3)$

The Acme Corporation has been acquired by the Conglomerate Corporation. To help finance the takeover, Conglomerate is going to liquidate the overfunded portion of Acme$$s pension fund. The assets listed below are going to be liquidated. Listed are their face values, liquidation values today, and their anticipated liquidation values one year from now $($their fair market values$).$

Asset Face Value Current Liquidation Value One$-$Year Liquidation Value

IBM stock $ $15,000$ $ $14,800$ $ $17,000$

GE bonds $9,0007,0008,600$

Treasury securities $35,00030,00034,000$

Calculate the one$-$year liquidity index for these securities$.($Do not round intermediate calculations. Round your answer to $3$ decimal places. $($e$.$g$.,32\mathrm{.}161))$ One$-$year liquidity index $=?$